35854 replies to this topic

[JBlack]

Think the sell off has started..(This is just daily ) If support at 34420 downside will be limited else look for 34121

J203 ended bang on queue today 34427. Just wish she fell on the otherside of it!

Yeah I ended solidly in the money for the 5th day in a row. Didn't go as low as I thought (34300) but low enough. Will see what Monday brings!

[Plasma]

J203 ended bang on queue today 34427. Just wish she fell on the otherside of it!

See DJ futures red again. Still in with my short warrant

[zoner]

I sold off about 65%ish of my gold after it's good run on Thursday.

Looking at buying back in on Monday when we open (expecting another positive run - a lot of value still in here - esp. after loosing 20% of it's value in recent weeks)

 

You have open positions over the weekend?

[Plasma]

Not anymore. Now @ 1453 -0.9%. It was subjected to a bit of a sell off late this afternoon...

You have open positions over the weekend?

[zoner]

Not anymore. Now @ 1453 -0.9%. It was subjected to a bit of a sell off late this afternoon...

 

Ninja what is happening to gold?? Up over 1483

[bear catcher]

Ninja what is happening to gold?? Up over 1483

[bear catcher]

Hi Chubby Us still fighting to stay in the green and the gold is allso keeping us up, but think when us start to fall , all is gonna go down, eish but why do i get the urge for a long???

[Argento]

Let the games begin!!

 

Sit tight with those shorts boys...nasty fall coming!

 

A

[bear catcher]

Cmon take out 34420!!!

Hi Chubby

Ok looks like we taken 420 out still to drop to 34100??? Sorry it held again

Edited by bear catcher, 26 April 2013 - 04:20 PM.

[OceanWalz]

went long J200 34452 just now w tight S/L and now moved it up above entry

will probably close it at 4.30 bec of afraid of Friday sell off for profit taking

 

I think market will top over eventually when S&P (etc) shows a massive buying spurge one of these days and too few buyers left to boost stock [prices pumped to hard - but that will surely be above SP500 > 1600 somewhere

 

taken out as I write! 65pts profit

[zoner]

US futures are all ready for the Friday selloff...

[Beorn]

Stupid question from a glorified accountant: if QE is really keeping the market propped up, shouldn't the US markets (i.e. futures) react in kind? And yet, they are still quite red?!

 

From one to another then,

As soon as US opened, they popped up. Green now.

[JBlack]

And of course there is the Friday afternoon sell off phenomenon....

[JBlack]

Stupid question from a glorified accountant: if QE is really keeping the market propped up, shouldn't the US markets (i.e. futures) react in kind? And yet, they are still quite red?!

[Beorn]

Good call!

 

Thanks

[Beorn]

Mmmmmm

Stoped out @ 34750

[Beorn]

You are opening up yourself to some tong as well...

 

Come Monday and she tanks? Stick to the graphs, QE won't always come to the rescue in a correction!

 

Next year when this bullrun ends and the bear begins QE not gonna help, cycles does not get dictated by QE!

 

A

 

I know, and that is why I said I will keep a stop on it. Market might well turn, but I think only on news of QE tapering.

 

$85 Bil a month pumped into the market will keep the market going up unless higher yielding assets appear.

 

QE has rendered fundamentals impotent, do you think TA will have the markets going down against that amount of printing, I dont.

[Argento]

You are opening up yourself to some tong as well...

 

Come Monday and she tanks? Stick to the graphs, QE won't always come to the rescue in a correction!

 

Next year when this bullrun ends and the bear begins QE not gonna help, cycles do not get dictated by QE!

 

A

Now tell me traders aren't pricing in QE?

After GDP figures like that and we just rally back.

I'm sorry, but this looks like the same market that just kept running in the beginning of the year.

The printed money has to go somewhere, and its looking for yield in equities.

 

Go short @ your own peril.

I need someone on the other side of my long.

 

I will however keep a stop on it.

Edited by Argento, 26 April 2013 - 03:16 PM.

[ClockworkOrange]

Long @ 34742

Good call!

[Beorn]

Now tell me traders aren't pricing in QE?

After GDP figures like that and we just rally back.

I'm sorry, but this looks like the same market that just kept running in the beginning of the year.

The printed money has to go somewhere, and its looking for yield in equities.

 

Go short @ your own peril.

I need someone on the other side of my long.

 

I will however keep a stop on it.